At the asset management and wealth management industry’s 2023 3rd “Golden Reputation Awards” ceremony held on June 16, 2023, Jiangxi Ruijing Financial Asset Management Co. (Ruijing AMC), Ltd won two major prizes – “Best Asset Management Company in Operations Management” and “Best Innovative Local Asset Management Company” – thanks to continued efforts in developing its innovative capabilities as well as its outstanding operations management strengths. These prizes show that the industry recognizes and affirms Ruijing AMC’s capabilities in asset disposal, operations management and brand influence in its core business.
Founded and established by Yintai Group and numerous well-known domestic enterprises in January 2018, Ruijing AMC adheres to a strategic positioning of “being compliant with laws and regulations, rooted in Jiangxi, focused on the core business, and serving real entities”. Implementing the spirit of the 20th National Congress of the Chinese Communist Party, and in close accordance with the national development strategy, it is focused on its core NPL business. Leveraging technological innovation and digital empowerment, it actively participates in the acquisition and disposal of non-performing assets of financial institutions, provides effective financial risk solutions to local governments, and helps real enterprises achieve healthy growth.
In recent years, Ruijing AMC has focused on its core business responsibilities, resolving NPLs worth about RMB20 billion. It has continued to advance real estate company bailouts, and provide targeted industry support. It has also delved into the field of bankruptcy restructuring, explored common benefits debt investment, and divested troubled assets, serving real enterprises.
Going forward, Ruijing AMC will continue to consolidate its compliance, risk, and operations management foundations, and build high quality development standards at multiple levels. It will focus on its core non-performing asset business, actively prevent and resolve regional financial risks, and carry out its responsibilities and mission to serve the real economy so as to help Jiangxi’s economy achieve high-quality development.